TheStreet would like to highlight 5 stocks pushing the sector higher today:

5. Signet Jewelers ( SIG) is one of the companies pushing the Services sector higher today. As of noon trading, Signet Jewelers is up $4.56 (6.1%) to $79.03 on heavy volume. Thus far, 1.5 million shares of Signet Jewelers exchanged hands as compared to its average daily volume of 764,600 shares. The stock has ranged in price between $76.78-$79.69 after having opened the day at $76.97 as compared to the previous trading day's close of $74.47.

Signet Jewelers Limited engages in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company operates through US and UK divisions. Signet Jewelers has a market cap of $6.1 billion and is part of the specialty retail industry. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are down 5.4% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Signet Jewelers a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Signet Jewelers as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Signet Jewelers Ratings Report now.

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